Domain Name Sale Agreement for Canada

Domain Name Sale Agreement Template for Canada

A comprehensive legal agreement governed by Canadian law that facilitates the transfer of ownership rights for one or more domain names from a seller to a buyer. The agreement outlines the terms and conditions of the sale, including purchase price, transfer mechanics, warranties, and representations from both parties. It ensures compliance with Canadian electronic commerce laws and CIRA regulations (for .ca domains), while addressing intellectual property considerations and establishing clear obligations for both parties during and after the transfer process.

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What is a Domain Name Sale Agreement?

The Domain Name Sale Agreement is a crucial legal instrument used when transferring ownership of domain names in Canada. This document is essential for businesses and individuals engaged in buying or selling domain names, whether as part of a business acquisition, brand expansion, or digital asset management strategy. The agreement complies with Canadian federal and provincial electronic commerce laws, including PIPEDA and relevant provincial e-commerce legislation. It typically includes detailed provisions for transfer procedures, payment terms, warranties about domain ownership and usage rights, and compliance with CIRA requirements for .ca domains. This document is particularly important for protecting both parties' interests by clearly defining the transfer process, establishing ownership rights, and addressing potential disputes.

What sections should be included in a Domain Name Sale Agreement?

1. Parties: Identification of the Seller and Buyer, including full legal names and contact details

2. Background: Context of the sale, including current ownership status and intention to transfer

3. Definitions: Key terms used throughout the agreement, including 'Domain Name', 'Registration Authority', 'Transfer Date'

4. Sale and Purchase: Core transaction terms, including the domain name details and purchase price

5. Transfer Process: Specific steps and timeline for transferring the domain name

6. Payment Terms: Payment amount, method, and timing details

7. Seller's Warranties: Warranties regarding ownership, right to sell, no encumbrances, and domain status

8. Buyer's Warranties: Warranties regarding legitimate intended use and ability to pay

9. Completion: Actions required at completion and post-completion obligations

10. Governing Law and Jurisdiction: Specification of Canadian law and jurisdiction for dispute resolution

What sections are optional to include in a Domain Name Sale Agreement?

1. Escrow Arrangements: Details of escrow service if used for the transaction

2. Domain History: Historical information about the domain's use and ownership, relevant for high-value domains

3. Intellectual Property Rights: Additional provisions regarding associated intellectual property, particularly if the domain includes trademarks

4. Confidentiality: Confidentiality obligations if the transaction details are to remain private

5. Domain Revenue Transfer: Provisions for transferring existing revenue streams if the domain generates income

6. Technical Support: Post-transfer technical support obligations, if any

7. Non-Competition: Restrictions on seller's future domain activities if agreed

8. Force Majeure: Provisions for unforeseen circumstances affecting the transfer

What schedules should be included in a Domain Name Sale Agreement?

1. Domain Details Schedule: Technical details of the domain including registration dates, hosting information, and authentication credentials

2. Transfer Procedure: Step-by-step technical procedure for domain transfer

3. Associated Assets: List of any associated assets included in the sale (e.g., logos, content, social media accounts)

4. Payment Schedule: If payment is to be made in installments, detailed payment timeline and conditions

5. Domain Analytics: Historical traffic data, revenue data, and other relevant analytics

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Technology

E-commerce

Digital Marketing

Professional Services

Retail

Financial Services

Media and Entertainment

Manufacturing

Healthcare

Education

Real Estate

Consulting

Relevant Teams

Legal

Information Technology

Digital Marketing

Brand Management

Compliance

Business Development

Operations

Systems Administration

Risk Management

Intellectual Property

Relevant Roles

Chief Technology Officer

Digital Marketing Manager

Brand Manager

IT Director

Legal Counsel

Domain Portfolio Manager

Business Development Manager

Intellectual Property Attorney

E-commerce Manager

Chief Digital Officer

Compliance Officer

Systems Administrator

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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